News & Analysis as of

PSA

Wiley Rein LLP

FCC Amends and Clarifies Foreign Sponsorship ID Rules

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On June 10, 2024, the Federal Communications Commission (FCC or Commission) released a Second Report and Order (Second R&O) that amends the Commission’s foreign sponsorship identification rules (FSID Rules). As explained in...more

Davis Wright Tremaine LLP

Liability in Washington: Who Pays for Construction Defects that Pose Safety Risks?

The rule of thumb in Washington state has been that contractors and developers cannot be held liable in negligence for construction defects.However, an unpublished decision filed December 12, 2022, by the Washington Court of...more

McGlinchey Stafford

Can I Stop Invasive Corporate-Wide Discovery? - McGlinchey Commercial Law Bulletin - February 3, 2023

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Ohio- Tortious Interference with Business Relations Emanuel’s LLC v. Restore Marietta, 4th Dist. Washington No. 2023-Ohio-147. In this appeal, the Fourth Appellate District affirmed the trial court’s decision to grant...more

Fox Rothschild LLP

When Dealing With A Motion to Terminate Alimony, Court’s Can Consider Prospective Retirement – No Really, The Can

Fox Rothschild LLP on

When the alimony statute was modified in 2014, aside from making 67 the presumptive, good faith retirement age, it also included multiple standards for the court to consider when a party sought to terminate or modify alimony...more

Locke Lord LLP

Closing the Levee – Florida’s Supreme ‎Court’s Levy Decision Narrows Applicability of ‎Reciprocal Fee ‎Statute

Locke Lord LLP on

Less than a year after issuing multiple opinions addressing the reciprocal fee provisions of Fla. Stat. § 57.105, the Florida Supreme Court has once again seen fit to issue an opinion interpreting Florida’s controversial fee...more

Jones Day

Japan's Amended Payment Services Act Could Prompt More Nonbank Entries Into Traditional Banking Services

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The Situation: The amendment to the Payment Services Act ("PSA") of Japan took effect in May 2021, removing the current numerical transfer cap placed on fund transfer services by nonbank institutions. The Result: This...more

Morrison & Foerster LLP

Update On Japanese Payment Service Regulations - Draft Amendments Have Been Published For The Regulations And Guidelines...

I. On June 5, 2020, the Diet of Japan adopted several amendments to the Payment Services Act (Act No. 59 of June 24, 2009) (the “PSA”). The amendments include reforms of the licensing/registration system for fund transfer...more

Bradley Arant Boult Cummings LLP

The Right to Arbitrate and the Risk of Losing It

The Alabama Supreme Court recently found that a party was in breach of an arbitration agreement for declining to pay the fee schedule set forth by the American Arbitration Association (AAA) and thus lost the right to compel...more

Morrison & Foerster LLP

Update On Reforms To Japanese Regulations For Non-Bank Fund Transfer Services And Other Amendments To The Payment Services Act

On June 5, 2020, the Diet of Japan adopted several amendments[1] to the Payment Services Act (Act No. 59 of June 24, 2009) (the “PSA,” and such amendments collectively, the “Amendment”). The Amendment includes reforms of the...more

Seyfarth Shaw LLP

FBI and CISA Issue Joint Warning to Academic Institutions and Research Organizations About Targeting of COVID-19 Research

Seyfarth Shaw LLP on

On May 13, 2020, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) issued a joint Public Service Announcement (PSA) about a threat to...more

Morrison & Foerster LLP

Japanese Cryptocurrency Update: New Amendments To Crypto Asset Regulations Take Effect May 1

In March 2019, the Financial Services Agency of Japan (FSA) proposed amendments to the Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) to strengthen the protections for investors in crypto...more

A&O Shearman

HM Treasury Publishes Guidance On Pension Scheme Arrangements and the EMIR Clearing Obligation In A No Deal Brexit Scenario

A&O Shearman on

HM Treasury has published guidance on the availability of the exemption from the clearing obligation for Pension Scheme Arrangements under the European Market Infrastructure Regulation in a post-Brexit no deal scenario. The...more

Orrick - Finance 20/20

Repurchase Action Against Natixis Real Estate Holdings, LLC Survives Motion to Dismiss

Orrick - Finance 20/20 on

On July 1, Justice Marcy Friedman of the Supreme Court of New York for New York County denied Natixis Real Estate Holdings, LLC’s (“Natixis”) motion to dismiss a repurchase action brought by Wells Fargo Bank, N.A., and...more

Proskauer - Government Contractor Compliance...

OFCCP to Publicize New Affirmative Action Requirements

Speaking to employers during a June 6 affirmative action conference, the Office of Federal Contract Compliance Programs (“OFCCP”) Director Patricia Shiu announced the agency’s plan to launch a public service announcement...more

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